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Conference unifix::sailing

Title:	SAILING
Notice:	Please read Note 2.* before participating in this conference
Moderator:	UNIFIX::BERENS

Created:	Wed Jul 01 1992
Last Modified:	Mon Jun 02 1997
Last Successful Update:	Fri Jun 06 1997
Number of topics:	2299
Total number of notes:	20724

552.0. "Used Boat Buying" by IMBIBE::BAKALETZ (Mike Bakaletz) Tue May 12 1987 16:08

    I am considering buying a used boat, but very naive and afraid that
    I might get "taken".  Can any of you experienced sailors provide
    a few tips on what to look for in a used sailboat.  I'm talking
    about a daysailor, something under 20'.  I've heard of 'thumping'
    the hull.  What should I be listening for?  What other tell-tale
    signs can I look for?
    
    Thanks for your all input
    
    Mike

T.R Title User Personal
Name Date Lines

552.1 PULSAR::BERENS Alan Berens Thu Jun 11 1987 21:07 16

T.R	Title	User	Personal Name	Date	Lines
552.1		PULSAR::BERENS	Alan Berens	`Thu Jun 11 1987 21:07`	16
	See notes 289 and 291 for some discussion of this. To stir the buy new vs buy used controversy a little I'll add the following. For insurance reasons we had a condition and valuation survey made of our eight year old boat last week. In the surveyor's opinion, the replacement cost of our boat is nearly 50% higher than its market value (which is all that the boat can be insured for). While our investment in the boat is less than the (estimated) replacement cost, it is considerably more than the market value. As has often been made clear in these NOTES, the cost of owning a boat is significantly more than the cost of buying the boat. Alan

See notes 289 and 291 for some discussion of this.

To stir the buy new vs buy used controversy a little I'll add the
following. For insurance reasons we had a condition and valuation survey
made of our eight year old boat last week. In the surveyor's opinion,
the replacement cost of our boat is nearly 50% higher than its market
value (which is all that the boat can be insured for). While our
investment in the boat is less than the (estimated) replacement cost, 
it is considerably more than the market value. 

As has often been made clear in these NOTES, the cost of owning a boat is 
significantly more than the cost of buying the boat. 

Alan